My comment: I have participated in numerous forums put on by wise folks on what it takes to be a strong leader and the difference between leadership and management. The latter distinction is a critical one to understand in any company but in particular in a young one. The entrepreneur who can make the transition between being the visionary leader and the organizational manager is a rare one.

This article, one of the best I have seen on the subject, sums up in a very clear and down to earth way, what it takes to be a leader. While it does not address overtly the difference between leadership on management, points ‘4’ and ‘5’ make the telling difference in my mind.

In any event, for those of you who are looking to hone their leadership skills, this article is worth the few minutes it takes to read –and probably is worth keeping on the wall to refer to.

I act as interim c.f.o., controller or special projects lead (for example, development and review of financial statements and internal controls, financial modeling, acquisition/funding risk assessment). Clients range from Fortune 100 level to startups.